As 2023 comes to a close, it's clear that 探花系列's journey this year has not just been about enhancing SaaS procurement 鈥 it's been about redefining it and making managing software easier.
Each update, from Pricing Benchmarks to Usage Analytics, and the SastriCloud, has been a step towards empowering businesses to navigate the complex world of SaaS with ease and confidence.
Let鈥檚 take a quick at what 2023 brought to the procurement table:
1. Upgraded Tool Store聽聽
To optimize your SaaS stack, you must start at the beginning of the procurement journey. That鈥檚 why allowing your whole team to visualize your current stack and browse new tools from one place is essential.
A new Viewer role allows for unlimited team member invitations, enabling them to browse existing tools, request new ones, and track these requests with ease.听
This is all available from the Tool Store page, which provides a shareable and centralized view of your company-wide tech stack.
2. SastriMarket聽
According to 探花系列 data, negotiating your contracts demands over 650 hours of decision-maker time each year.
But in the SastriMarket, companies can skip the usual negotiation hassles and go straight to signing great deals.
Buying SaaS before the SastriMarket:
Step #1: Requests for information, proposals and quotes
Step #2: Months of back-and-forth negotiations
Step #3: Eventually sign a contract
Buying SaaS with the SastriMarket:
Step #1: Find ready-to-sign discounts on SaaS
Step #2: Start using the software ASAP
Step #3: Save your IT budget
3. SastriCloud聽
Most companies overspend on cloud costs by up to 30%. That's a lot of budget that could be allocated elsewhere, and the reason we launched the SastriCloud.听
Through 探花系列's exclusive partnerships, you can now optimize all of your SaaS and cloud spending in one place 鈥 to instantly improve your cash flow.
Whether you鈥檙e using AWS, Microsoft Azure, or Google Cloud 探花系列 SastriCloud can reduce your cloud costs by up to 30%.
4. Usage Analytics
You can't improve what you can't measure. That's why we introduced advanced Usage Analytics to the 探花系列 platform.
With these insights, companies of all sizes can easily track which tools are being used and rightsize contracts based on actual usage.
But the best part?
All it takes to access this data is a direct connection with your favorite tools or an SSO connection to tackle multiple tools at once. It's all right at your fingertips.
5. Procurement Initiatives聽
Defining and following procurement processes is crucial for scaling companies that buy and manage software.
Fortunately, one of 探花系列鈥檚 recent product updates made it possible for everyone to define and follow a standardized process for SaaS procurement.
The Procurement Initiatives feature lets you follow predefined procurement processes for new purchases and tool renewals, eliminating the need for chasing relevant stakeholders or scattered information.
Say goodbye to the days of delays and sifting through tons of different channels for information. With 探花系列, all your procurement initiatives are centralized in one place and customized to fit the needs of your business.听
6. Overhauled Navigation
We wanted to make it as easy as possible to check the overall status of your SaaS stack as well as the statuses and dates of your tool renewals.
That's why we've redesigned our Overview page. Now, everything you need to know about your tech stack is available at a glance.听
We also redesigned our Savings page, plus the Tool Stack table has been enhanced with budget and source columns, persistent sorting, and advanced filters for a more engaging interaction.
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7. In-App Notifications聽
In a world of infinite emails and pings, keeping track of key updates is vital.
To ensure 探花系列 customers never miss a crucial update, we're excited to announce the addition of in-app notifications to our platform.
The 探花系列 platform now offers real-time, customized notifications based on individual user profiles so teams can easily stay in the loop regarding relevant upcoming renewals, comments, required actions, and more.
8. Pricing Benchmarks
Knowledge is power, especially when it comes to negotiations.
With 探花系列's new Pricing Benchmarks feature, you can now get instant insights into competitive SaaS pricing right from your 探花系列 dashboard.听
By leveraging our database of more than $2 billion in processed software spend, you鈥檒l know for certain whether you're getting a competitive deal.
It鈥檚 never been easier to start every negotiation on the right foot: informed.
9. SSO Integrations Update
SSO integrations are a pivotal step in transforming your ease of SaaS management.
By integrating 探花系列 with Google, Okta, or Microsoft SSO, you can get a real-time overview of your business's tech stack and SaaS usage.
Imagine seeing every subscription across your organization, all integrated seamlessly into 探花系列. This level of integration offers serious benefits, such as:
- Automatic discovery of company-wide subscriptions; and
- Detailed usage analytics for each tool
It鈥檚 never been easier or faster to import and analyze your SaaS stack.听
Final thoughts
探花系列's commitment to innovation and customer-centricity has not only set a new benchmark in the industry but has also paved the way for a more efficient, informed, and cost-effective future for software management.听
As we look ahead to 2024, 探花系列 stands not just as a tool or a platform, but as a partner for businesses in their journey towards digital excellence and financial prudence.
